The slope of an iso-revenue line is determined by
A) The ratio of the price of the two products.
B) The ratio of the product to the level of output.
C) The ratio of output to the price of the product.
D) None of the above
A) The ratio of the price of the two products.
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A gauge standard is used to calibrate a micrometer.
Answer the following statement true (T) or false (F)
Assignable cause is best described as:
a. the frequency or arrangement of data that may show repetition of numerical values. b. a cause of variation or special cause. c. a quality characteristic that varies or conforms to desired specifications. d. a cause of variation that is small in magnitude and difficult to identify; also called random or common cause.
Equipment will perform at it's best efficiency when running at full load.
Answer the following statement true (T) or false (F)
The current flowing into each junction of a parallel circuit ________ the current flow at the junction on the opposite end of that branch
A) Is less than B) Is more than C) Equals D) None of these